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Netflix Suffers Devastating Blow After Teaming Up With Obama – Here’s What Subscribers Just Did

That didn’t go over well!

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After a number of controversies and sever missteps, including the announcement of a partnership with former President Barack Obama as a content provider, and promoting pedophilia in a children’s cartoon Netflix is suddenly facing a problem it didn’t expect just a few short months ago. A lot fewer subscribers!

The extremely popular streaming service announced that it added only 5 million new subscribers over the past three months. That sounds like a huge number, but experts actually predicted Netflix would gain at least a million more subscribers than that. This is the first time the company has failed to not exceed expectation, and the news caused concern on Wall Street, especially after getting news that subscribers were ditching the company over its liberal agenda.

After this news, Netflix stocks dropped 14% in after-hours trading. This translates into billions in market share losses.

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Here is more on this via Reuters:

“Netflix Inc’s subscriber growth fell short of Wall Street expectations on Monday, sending shares of the normally high-flying stock down 14 percent on fears that the company’s rapid expansion is slowing.

The streaming video pioneer added 5.2 million customers from April through June, 1 million fewer than forecasts from Thomson Reuters I/B/E/S, as it added new programming including “Lost in Space” and new episodes of Marvel’s “Jessica Jones” and “13 Reasons Why.”

“We had a strong but not stellar Q2,” Netflix said in a quarterly letter to shareholders.

Netflix said it had “over-forecasted” quarterly fluctuations in the pace of new customers. The company noted that it had underestimated subscribers for seven of the past 10 quarters.

Before the earnings report, Netflix shares had gained 109 percent, making it the second-strongest performer on the S&P 500 index. In after-hours trading on Monday, Netflix shares sunk 14 percent to $343.60, eroding $24.2 billion in market capitalization and down from an earlier close of $400.48.

“Investors are devastated by Netflix’s Q2 projection that went down in dramatic flames. Now future projections are suspect and that decimates valuation,” said Eric Schiffer, chief executive officer of private equity firm Patriarch.

Wall Street had been betting that Netflix would deliver outsized growth as demand for online entertainment increases around the globe. The company is spending heavily to hook new customers, budgeting $8 billion for programming and $2 billion for marketing in 2018.

Netflix added 670,000 subscribers in the United States, well below analysts’ estimates of 1.19 million, according to Thomson Reuters I/B/E/S.

It signed up 4.47 million subscribers internationally, while analysts were expecting 4.97 million.

The overly optimistic projections were “pretty broad across multiple markets,” Chief Financial Officer David Wells said on a post-earnings webcast.

Executives voiced confidence about the long-term health of the streaming service. Chief Executive Reed Hastings said median viewing hours were growing, though he did not provide specifics.

“The fundamentals have never been stronger,” Hastings said.

Forrester analyst James McQuivey said he believed that the quarterly results were “not a sign of softening in the business overall.”

“These are still millions of new subscribers, even if they didn’t meet the expectations that might have been set by the last two quarters, which were extraordinarily high,” he said.

Earnings per share came in at 85 cents, beating analyst forecasts of 79 cents. Total revenue rose 40.2 percent to $3.91 billion. Analysts had expected revenue of $3.94 billion.

For the current quarter, Netflix projected it would add 5 million customers. It is making a big push in India. Earlier this month, it debuted its first Indian original series, “Sacred Games,” part of a slate of new shows aimed at the vast Bollywood entertainment market.

Netflix said operating margins would be narrower than previously expected because of the rapid strengthening of the U.S. dollar, which appreciated by more than 5 percent against major trading partners’ currencies in the second quarter. While most of the company’s revenue growth comes from international markets, the vast majority of its costs remain dollar-denominated.

Hastings said the company would make adjustments to account for foreign exchange rates in order to “steadily” increase operating margins.

At the same time, Netflix faces growing competition.

Amazon.com Inc plans to add more regional content in India as it builds the Prime video service around the world. Apple Inc is pouring money into original programming, signing up A-list names including Oprah Winfrey. And AT&T Inc has promised to boost investment in HBO after taking over the network in its Time Warner acquisition.

Meanwhile, cable distributors are offering smaller and cheaper bundles of channels.

In the letter to shareholders, Netflix said it expected more competition from international players including ProSiebenSat 1 Media in Germany and on-demand service Salto in France.

“Our strategy is to simply keep improving,” Netflix said.”

Although the exact cause of the lower numbers isn’t fully known one can’t help but notice that this happened right after the many actions by Netflix that have outraged the political right in this country. Let’s not forget that earlier this year, Netflix announced a partnership with former President Barack Hussein Obama to produce new content for the company. Later came the so-called comedienne Michelle Wolf, who has a new show on Netflix and who personally trashed White House Press Secretary Sarah Sanders looks at the Washington Press Correspondent’s Dinner and later even refused to apologize. Later her show featured a “Salute to Abortion,” celebrating it with a parade-like performance to protest the appointment of Supreme Court Justice Brett Cavenaugh.

It hasn’t only been recently that Netflix took a sharp turn to the left. Last year they premiered a new show, “Dear White People,” which targeted white people as the cause of America’s racial strife and most of the world’s problems.

The controversies have caused many subscribers, myself being one of them, to cancel in protest. And new subscribers may have also decided to stay away in protest.

Someday pop culture will understand how much they need middle America’s hard earned dollars, but till that day comes, we will enjoy seeing media companies fail as they try to cater to Sodom and Gomorrah.

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Dem Candidate Pushing ‘Irresponsible Breeder’ Tax On Certain Parents Because Of ‘Privilege’

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Scott Wallace is a multimillionaire running in Pennsylvania’s 1st Congressional District against current incumbent Rep. Brian Fitzpatrick (PA-R). Considered an elite, even amongst the wealthy, he boasts a net worth of between $127 million and $309 million, according to his financial disclosure statement. This would make him the third-richest member of Congress if he were elected to the House today.

From a hardline leftist pedigree, his grandfather was Henry Wallace, the “New Deal visionary” and one-time vice president under former President Franklin D. Roosevelt. His wealth is inherited, stemming from a seed company his grandfather founded that was purchased by DuPont for $10 billion in the 1990s, along with a large number of stocks with the largest being DowDuPont.

His campaign is largely self funded with Wallace claiming he is “putting a significant amount of my own assets into this because this is the most important thing I can imagine doing for America at this point in my life — this is a very expensive district to run in, but it is crucial in the Democrats’ efforts to retake the House.”

But just why this is so incredibly important to Wallace goes beyond the typical party lines of Republican and Democrat. Receiving endorsements from both Planned Parenthood and the National Organization for Women (NOW), Wallace is a population control zealot who believes families who choose to have more than two children are “irresponsible breeders” and should be taxed. Wallace has donated nearly $7 million dollars to various population control groups over the past 20 years, with the majority going through his own Wallace Global Fund.  In addition to its efforts towards population control, the foundation has also reportedly donated hundreds of thousands of dollars to anti-Israel groups that support a boycott of the Jewish State.

Fox News reports:

“Zero Population Growth (ZPG) was among the organizations that received the money from the fund. According to public records, it received $420,000 between 1997 and 2003.

The group, shortly after being founded in 1968, released a brochure advocating abortion to stabilize population growth and claimed that “no responsible family should have more than two children.” To deal with larger families, it also called for families to be “taxed to the hilt” for “irresponsible breeding.”

It also blamed the overpopulation on the ‘white middle-class’ that ‘use up more than their share of resources and do more than their share of polluting‘ and urged them to ‘voluntarily limit their families to two children.’

Paul Ehrlich, who co-founded the ZPG, once called abortion “a highly effective weapon in the armory of population control.” The goal of the organization, which changed its name to Population Connection in 2002, has remained the same since its inception, arguing that the world needs to contain population growth with particular emphasis on American families.

The organization’s political arm, Population Connection Action Fund, publicly endorsed Wallace for Congress, saying his support for their cause is “exactly the kind of dedication we need in Congress.”

Wallace’s fund also gave $20,000 in 2010 to the Center for the Advancement of the Steady State Economy (CASSE), a group that sees the economic growth as undesirable and instead supports an economy with ‘stable or mildly fluctuating levels’ and a society where birth rates equal death rates.

The organization openly supports zero population growth and its executive board member, Herman Daly, advocated issuing reproduction licenses, allowing women to have only two children unless they buy the license for more children from other women. Daly called it the ‘best plan yet offered’ to limit population growth.”

The group advocates strongly for abortion and along with taxing families “to the hilt” for having more than two children, as noted in a Yale Law School publication about the “voices that shaped the abortion debate before the Roe v. Wade Supreme Court’s ruling.”

The group advocates that –

  1. That no responsible family should have more than two children. Any family wanting to care for more than two children should adopt further children. Adopting children does not increase the population.
  2. All methods of birth control, including legalized abortion, should be freely available—and at no cost in poverty cases.
  3. Irresponsible people who have more than two children should be taxed to the hilt for the privilege of irresponsible breeding.

Fox News continued:

Zoe Wilson-Meyer, communications director for Wallace’s campaign, didn’t answer Fox News’ questions on whether Wallace still supports the ideas expressed by the groups.

“The Wallace Global Fund has for decades been a leader in helping women gain access to family planning. Former Co-Chair Scott Wallace is proud of the work of grantees like Planned Parenthood in empowering women and protecting reproductive rights and will stand up for Pennsylvania women,” she said in an email.

“In Washington, Brian Fitzpatrick voted to defund Planned Parenthood and supports Donald Trump’s effort to take away a woman’s right to choose,” she added.

Largely reminiscent of Nazi Germany who exercised eugenics to its full and most horrific potential, this policy of so-called “irresponsible breeders” also resembles the one-child policy from China that saw forced abortions or other forced invasive birth control procedures. Yet eugenics practices had their roots in America as well. American newspapers frequently offered praise for eugenics just prior to WWII and The Holocaust …. that is until Adolf Hitler revealed the true horrors of what eugenics really looked like. They avoided the subject for decades thereafter.

Nine out of ten eugenicists in the 20th Century were also Progressives or Socialists, and the most central component to the eugenic creed is the desire to engineer and centrally plan human reproduction, weeding out the unwanted or undesirable, according to a report on eugenics by PBS.

Yet where does that end? Who determines who is undesirable? Is it the unborn child conceived at an inconvenient time? The elderly mother? The child with cerebral palsy? Those with PTSD? Autism? Blue eyes? White skin? You cannot get to genocide without first visiting identity politics and they say the propagandist’s job is to effectively make the people forget his “enemy” is, in fact, a human being just as he is. It seems we never really do learn from history, do we?

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Trump Issued Major Warning: ‘We Will Look Into Discriminatory and Illegal Practice’ – It’s On!

Huge problems and everyone needs to know!

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President Donald Trump voiced his concerns over “discriminatory and illegal practice” when he posted about the alleged controversy going on with Republicans being censored on Twitter. The tactic is sometimes referred to as “shadow banning” and it seems to be a strategy that social media platforms use to limit the visibility of some people. For example, ever wonder why someone who is genuinely popular might have tons of followers but their posts don’t seem to get many responses? It could be one of several reasons. Either they have fake followers, the post is no good, or they are being censored. In many cases, it’s a form of censorship that’s the obvious result. When a social media user goes from getting a lot of replies and views on their posts, then all of a sudden there’s very little replies and it seems like no one has seen the post – then they were hit with that form of censorship or suppression.

Social media platforms such as Twitter and Facebook have been called out for suppressing the content of certain Republican voices or those who support President Donald Trump. Well-known stars like Diamond and Silk have made it very public that they feel targeted for the views and opinions on their pages. That’s just the tip of the iceberg because the problem spans from targeting well-known mainstream people all the way down to the independent publishers. Censorship like this is affecting people’s careers and causing an unbalanced platform in which people with certain views are being limited. It might not be listed as a “ban” but it’s certainly limiting the viewership of certain people. The content that would once appear in people’s feed or timeline now requires a fine-tooth comb to find and it seems like people are realizing this more often and being upset with it.

Trump spoke about it on Twitter and Vice News completed a report on it.

Vice News reported: “Twitter is limiting the visibility of prominent Republicans in search results — a technique known as “shadow banning” — in what it says is a side effect of its attempts to improve the quality of discourse on the platform.

The Republican Party chair Ronna McDaniel, several conservative Republican congressmen, and Donald Trump Jr.’s spokesman no longer appear in the auto-populated drop-down search box on Twitter, VICE News has learned. It’s a shift that diminishes their reach on the platform — and it’s the same one being deployed against prominent racists to limit their visibility. The profiles continue to appear when conducting a full search, but not in the more convenient and visible drop-down bar. (The accounts appear to also populate if you already follow the person.)

Democrats are not being “shadow banned” in the same way, according to a VICE News review. McDaniel’s counterpart, Democratic Party chair Tom Perez, and liberal members of Congress — including Reps. Maxine Waters, Joe Kennedy III, Keith Ellison, and Mark Pocan — all continue to appear in drop-down search results. Not a single member of the 78-person Progressive Caucus faces the same situation in Twitter’s search.

“The notion that social media companies would suppress certain political points of view should concern every American,” McDaniel told VICE News in a statement. “Twitter owes the public answers to what’s really going on.”

Presented with screenshots of the searches, a Twitter spokesperson told VICE News: “We are aware that some accounts are not automatically populating in our search box and shipping a change to address this.” Asked why only conservative Republicans appear to be affected and not liberal Democrats, the spokesperson wrote: “I’d emphasize that our technology is based on account *behavior* not the content of Tweets.”

Twitter directed VICE News to a May 15 blog post that explained the company’s new approach to combating “troll-like behaviors.” After making changes to its platform, the company said that “[t]he result is that people contributing to the healthy conversation will be more visible in conversations and search.”

Twitter did not respond to a follow-up question.

Twitter’s troll hunt, however, has ensnared some of the most prominent Republicans in the country. Type in the names of McDaniel, conservative members of Congress like Reps. Mark Meadows, Jim Jordan, and Matt Gaetz, and Trump Jr.’s spokesman Andrew Surabian, for example, and Twitter’s drop-down search bar does not show their profiles. The search menu also does not display the verified profile of Rep. Devin Nunes of California, only his unverified one that he seldom uses to post.

That limits their visibility and the ease of finding their profiles compared to their liberal counterparts.

UPDATE: July 26, 10:00 AM: Twitter appears to have adjusted its platform overnight to no longer limit the visibility of some prominent Republicans in its search results.”

At what point do social media platforms give the control back to the people? Users should not have to worry about their views being censored by the machine.

Censoring any content that is not illegal should not be tolerated by the users.

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